131 Southern Boulevard
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 25, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 24, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Sep 19, 2024 | Price Increased |
$649,990
↑ $990
(0.2%) | |
| Price Increased | |||
| Sep 17, 2024 | Listed by Eileen A Green Realty Corp | $649,000 | |
| Listed by Eileen A Green Realty Corp | |||
| | |||
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SOUTH COUNTRY SHORES CHARMER - Great as a starter or downsize. Beautifully landscaped corner property with spacious new driveway and walkway, Private backyard with garden shed, Expansive rear deck with covered grill area and bar makes entertaining a delight, Light and bright modern kitchen with quartz counters, custom cabinets new appliances. The stove is propane gas. Easy access to back deck. Living room with propane gas fireplace, built in bookcases opens to dining area. Entry foyer with desk nook and coat closet. Two bedrooms, two full baths. Laundry room with large storage closet. Oversize one car attached garage. Full unfinished basement. Excluded in the sale are the arbor, garden bench, birdbath large ceramic pot in front and mailbox to be replaced. Smart TV is a gift. Near tranquil Great South Bay beach, Tiki bar and marina.
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| Jan 25, 2023 | Sold | ||
| Sold | |||
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About East Patchogue
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017